Sierra Leone has been ranked second among African countries with the strongest currencies for August 2025, according to a new report published by Forbes Currency Calculator.
The Leone (SLL), which has faced significant pressure in recent years, recorded an exchange rate of 20,970 SLL to 1 USD as of August 29, 2025.
Despite fluctuations, the currency remains one of the continent’s top performers, reflecting efforts by the Bank of Sierra Leone to stabilize the exchange rate through strategic monetary policies.
The report highlights that currency strength is a key indicator of economic resilience, investor confidence, and sound fiscal management. While São Tomé and Príncipe topped the ranking, Sierra Leone’s position above Guinea, Uganda, Nigeria, and Rwanda demonstrates progress in managing exchange rate volatility and strengthening macroeconomic stability.
Analysts note that trade balance pressures and external shocks continue to influence the Leone’s performance, but maintaining its place among the top three strongest African currencies signals growing confidence in the country’s economic direction.
Other countries in the top 10 include Guinea, Uganda, Burundi, the Democratic Republic of Congo, Tanzania, Malawi, Nigeria, and Rwanda.
